NOT LISTED FOR SALE

5613 Horse Farm Rd Summerfield, NC 27358

Estimated Value: $346,000 - $392,000

3 Beds
2 Baths
2,000 Sq Ft
$180/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $290,000 $145 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,124/month

9 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Kitchen Island
  • Stokesdale Elementary School Rated A-
  • Porch
  • Outdoor Storage

About This Home

As of September 2021

Charming Summerfield home on 1+ acres! 1 1/2 Story Home with everything you need! 3 bedrooms, 2 full bathrooms, family room with built-in shelving and gas logs, beautiful bright kitchen with large granite topped island, office space, sunroom and easy care vinyl plank flooring. That was just the inside, the exterior of the property has storage galore with the 695 ft 2 car garage and additional storage buildings. The large patio areas and decking are made for entertaining and when the weather turns cool there is plenty of space for that fire pit you have been dreaming of. This house is so welcoming and is ready for you to call home!

Last Agent to Sell the Property

John McPherson

Coldwell Banker Advantage License #224060 Listed on: 08/06/2021

Coldwell Banker Advantage

Last Buyer's Agent

Melvina Smith

Dominion Realty License #307496

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,357

Year Built

  • Built in 1992

Lot Details

  • 1.07 Acre Lot
  • Property is zoned RS-30

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,833 Sq Ft Home
  • 1,600-2,000 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Kitchen Island
  • Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Woodvale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 147566
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,357

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.07
  • Subdivision Name: Woodvale
  • Directions: HWY 220 north, right on Spotswood, right on Horse Farm Rd, house on right.
  • Above Grade Finished Sq Ft: 1833
  • Architectural Style: Ranch
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1992
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 2000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Kitchen Island
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1833
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Garden
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 147566
  • Zoning: RS-30
  • TRIADMLS_PricePerAcre: 266355.1402
  • TRIADMLS_DeedPage: 2404
  • TRIADMLS_DeedBook: 8176
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1357.46
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.876

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 13, 2021
Sold by
Johnston Scott and Johnston Sarah
Bought by
Fletcher Joshua Chance Richard and Coffell Lindsey Montez
Seller's Agent
John McPherson
Coldwell Banker Advantage
Buyer's Agent
Melvina Smith
Dominion Realty
Sold Price
$290,000
Current Estimated Value
$360,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,218
Avg. Annual Appreciation
6.01%
Original Mortgage
$284,747
Outstanding Balance
$259,283
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$107,132

Purchase Details

Closed on
Jul 23, 2019
Sold by
Dorrity Franklin Y and Dorrity Jennie M
Bought by
Johnston Scott R and Ingle Sarah H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2005
Sold by
Green Michael S and Green Susan S
Bought by
Dorrity Franklin Y and Dorrity Jennie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fletcher Joshua Chance Richard $290,000 None Available
Johnston Scott R $210,000 None Available
Dorrity Franklin Y $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fletcher Joshua Chance Richard $284,747
Previous Owner Johnston Scott R $164,000
Previous Owner Dorrity Franklin Y $102,991
Previous Owner Dorrity Franklin Y $107,800
Previous Owner Dorrity Franklin Y $120,000
Previous Owner Green Michael S $56,000
Previous Owner Green Michael S $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $290,000 -- $181 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,456 $285,100 $56,000 $229,100
2024 $2,456 $285,100 $56,000 $229,100
2023 $2,456 $285,100 $56,000 $229,100
2022 $2,456 $285,100 $56,000 $229,100
2021 $1,328 $154,100 $35,000 $119,100
2020 $1,328 $154,100 $35,000 $119,100
2019 $1,328 $154,100 $0 $0
2018 $1,321 $154,100 $0 $0
2017 $1,328 $154,100 $0 $0
2016 $1,370 $154,600 $0 $0
2015 $1,377 $154,600 $0 $0
2014 $1,393 $154,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1037468

Triad MLS

APN: 0147566